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The Board of Directors of Sensient Technologies Corporation (NYSE: SXT) has declared a regular quarterly cash dividend on its common stock of $0.39 per share. The cash dividend will be paid on September 1, 2021, to shareholders of record on August 2, 2021.
ABOUT SENSIENT TECHNOLOGIES
Sensient Technologies Corporation is a leading global manufacturer and marketer of colors, flavors, and other specialty ingredients. Sensient uses advanced technologies and robust global supply chain capabilities to develop specialized solutions for food and beverages, as well as products that serve the pharmaceutical, nutraceutical, cosmetic, and personal care industries. Sensient’s customers range in size from small entrepreneurial businesses to major international manufacturers representing some of the world’s best-known brands. Sensient is headquartered in Milwaukee, Wisconsin.
Sensient Technologies Corporation (SXT) Q2 2021 Earnings Call Transcript
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Global Flavors and Fragrance Market (2021 to 2027) - by Type, Nature, Application and Region - Press Release
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Insights on the Flavors and Fragrance Global Market to 2027 - Rising Demand for Natural Flavors and Fragrance Presents Opportunities
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Food & Beverage Industry Showcasing Greater Demand for Carotenoids
It has been noticed that rising demand from customers for clean and natural products extracted from natural colors is expected to act as a key growth driver for the carotenoids market. In addition, prevailing health and wellness movements are working towards the higher adoption of carotenoids amid food and beverage processors.
The utility of lycopene and beta-carotene as colorants in the F&B sector remains to climb a higher path, says Fact.MR study. Beta-carotene is majorly used in cheese, yogurts, spreads, sauces, soups and bakery products. On the other hand, lycopene is receiving surging demand due to its effectiveness as a colorant in soups and sauces. S Higher consumer awareness associated to the benefits of carotenoids concerning eye health, cardiovascular health and immune function functions as a primary growth driver.